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For a 20-year $1.000 par value 7% annual coupon bond selling for $1,050, which of the following is TRUE? A s O A. The bond
For a 20-year $1.000 par value 7% annual coupon bond selling for $1,050, which of the following is TRUE? A s O A. The bond pays $70 in interest every 6 months. O B. The YTM of this bond is above 7%. O C. This is a premium bond. O D. Because this bond is selling at a premium, it would be worth more than $1,000 at maturity. ext a Lil Calci Resou
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